Growth Strategies for Wells Fargo (Essay Sample)

QN: STRATEGIES WELLS FARGO CAN USE TO GROW FROM A BILLION DOLLAR COMPANY TO A TRILLION DOLLAR COMPANY LIKE ALPHABET INC.
INTRODUCTION:
When it come to the field of banking and financial security, Wells Fargo is revered by many due to its great customer approach and market dominance over the past years. Wells Fargo as known by masses is a multinational service company that is headquarter in San Francisco, California. Its operational headquarters is found in Manhattan, New York. The global corporations’ total assets estimate to USD 1.955 TRILLION.
Wells Fargo is among the top four bank in America ranking at number fourth in terms of assets and the client based. The ranking are as follows; JP Morgan Chase, Bank of America, Citi Bank, and then our main darling coming home at number four. This reputation has carried Wells Fargo over the years.
STRATEGIES TO ELEVATE WELLS FARGO FROM A BILLION DOLLAR COMPANY TO A TRILLION DOLLAR COMPANY LIKE ALPHABET INC.
In every organization or corporations, a strategy/plan is always needed and used as a tool for success and help in the realisation of maximum profits within itself. Alphabet Inc. is a best example to use in comparison in this matter. With a market value of over 1 trillion dollars, we couldn’t look much further. Wells Fargo needs proper strategy to be chilling with the big boys up like Amazon, Apple and Alphabet.
Strategic frameworks;
* Business Strategy
* Analytical strategic frameworks
* Marketing strategies
Business Strategy
1) Regularly introducing new goods and services and diversifying the business
In MAY 18th 1995, Wells Fargo became the first bank to offer internet banking when the possibilities of